President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry to make an announcement — while also musing that he might fire the central bank’s current leader, Jerome Powell.
“I do, still do — hasn’t changed,” Trump said at a press conference Monday, when asked if he has a favorite candidate. “I’ll announce him at the right time. There’s plenty of time.”
Trump added the Powell should resign and that he’d “love to fire him.”
“Maybe I still might,” Trump told reporters at his Mar-a-Lago resort in Florida.
Trump did not specify who is his leading chair candidate and said an announcement would be made in “January sometime.”
